Loan Fraud

miller_st · Joined: 17 Jan 2007 Posts: 917 168.82 Dollars($)

Very good information Mike, this is a very important topic facing the mortgage industry currently.

If you can share the pdf's you mentioned, it would be great.

Miller

blue · Posted: Fri May 11, 2007 3:18 pm Post subject:

It's good to know that fbi is acting to trace out people involved in such frauds. I hope it works out. I would also like to get one copy of the files you mentioned. Good of you to be sharing such useful facts with us.

Thanks
Blue

colin · Posted: Fri May 11, 2007 3:45 pm Post subject:

Guest 0.10 Dollars($)

Hi Mike,

are you from arizona, how's the housing market there. I mean the home prices, i would like to buy a home and just thinking about how much i can put in towards the purchase price. I don't have a decent score though but would like to know the possible home prices. and then i can start thinking how much to spend and keep aside for my credit card debts.

mikeshapiro · Posted: Sat May 12, 2007 10:53 am Post subject:

I'll get these docs converted to PDF and email them to everyone interested.

As far as house values in AZ... They vary greatly on city and neighborhood. You can still find some "cheap" homes, but they are a good 45 minute drive from the heart of the valley. If that is what you are looking for, check out homes in "Maricopa" the city and "Queen Creek".

My personal preference would be to buy in a more central location and just get a smaller or older home though as they will likely hold their value better.

Caron · Posted: Mon May 14, 2007 5:27 am Post subject: RE:

Thanks Mike Smile

. That's indeed a helpful gesture from your end. I am sure that's going to help our community a lot.

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